Akamai Technologies, Inc. (NASDAQ:AKAM) Given Consensus Rating of “Hold” by Brokerages

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have been assigned a consensus rating of “Hold” from the twenty-two brokerages that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $145.2857.

AKAM has been the subject of a number of research reports. Scotiabank boosted their price target on shares of Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a research report on Friday, May 8th. Morgan Stanley lifted their price objective on shares of Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. The Goldman Sachs Group lifted their price objective on shares of Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research note on Friday, May 8th. Susquehanna lifted their price objective on shares of Akamai Technologies from $120.00 to $175.00 and gave the company a “positive” rating in a research note on Monday, May 11th. Finally, Craig Hallum upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Friday, May 8th.

Insider Buying and Selling

In other Akamai Technologies news, EVP Anthony P. Williams sold 15,000 shares of Akamai Technologies stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total value of $1,564,350.00. Following the transaction, the executive vice president directly owned 22,064 shares in the company, valued at approximately $2,301,054.56. The trade was a 40.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in AKAM. TD Waterhouse Canada Inc. increased its stake in shares of Akamai Technologies by 130.0% during the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 195 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Akamai Technologies by 566.7% during the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 289 shares during the period. JFS Wealth Advisors LLC increased its stake in shares of Akamai Technologies by 626.2% during the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after acquiring an additional 263 shares during the period. Atlantic Union Bankshares Corp acquired a new position in shares of Akamai Technologies during the third quarter worth about $30,000. Finally, Sarver Vrooman Wealth Advisors acquired a new position in Akamai Technologies during the fourth quarter worth about $31,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Price Performance

Shares of AKAM opened at $141.87 on Thursday. Akamai Technologies has a 1-year low of $69.78 and a 1-year high of $165.45. The stock has a market cap of $20.63 billion, a PE ratio of 47.77, a price-to-earnings-growth ratio of 4.71 and a beta of 0.59. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06. The firm has a fifty day moving average price of $124.86 and a 200 day moving average price of $105.84.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the company earned $1.70 earnings per share. Akamai Technologies’s quarterly revenue was up 5.8% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. As a group, sell-side analysts anticipate that Akamai Technologies will post 3.89 EPS for the current year.

Akamai Technologies Company Profile

Akamai Technologies, Inc is a leading provider of content delivery network (CDN) services and cloud security solutions designed to optimize and safeguard digital experiences. Leveraging a globally distributed platform, the company accelerates web and mobile content delivery for enterprises, media companies, e-commerce platforms and government agencies. Its edge computing architecture brings processing power closer to end users, reducing latency and improving application performance across geographies.

The company’s core offerings include content acceleration, web and mobile performance optimization, media delivery, and a suite of cybersecurity solutions that protect against DDoS attacks, application-layer threats and bot-driven fraud.